Vericel Corporation announced a 30% increase in total revenue to $68.4 million in Q1 2026, driven by 22% growth in MACI and 91% growth in Burn Care revenues. The company achieved a 72% gross margin and a 195% rise in adjusted EBITDA to $9.6 million, with free cash flow of $15.1 million. Vericel raised its full-year 2026 revenue guidance by $10 million to a range of $326 to $336 million, citing strong performance and key business milestones including FDA approval for MACI manufacturing and a significant BARDA award. The company expects continued revenue and profit growth, supported by expanded sales efforts and new product developments.
Sodexo has secured a major global contract to provide catering services across more than 130 Meta sites in over 30 countries. This large-scale partnership includes diverse locations such as headquarters, campuses, data centers, and conference centers...
Ethereum rose 3.17% to $1,923.53, outperforming Bitcoin's modest 0.18% gain to $64,588.87, signaling an early rotation toward large-cap altcoins. Despite this, overall market activity slowed, with declines in DeFi, stablecoin, and derivatives trading...
Gabriel Holding A/S has agreed to sell its European FurnMaster furniture manufacturing operations, including subsidiaries in Poland and Lithuania, to Leggett & Platt for an initial price of approximately EUR 9 million, with a possible additional paym...
A Gaza resident raised over £55,000 on GoFundMe to support his family but faced issues as the platform cannot pay directly to Gaza, forcing funds through intermediaries who failed to deliver the full amount. This highlights a broader problem in human...
Crypto investigator ZachXBT criticized all current hardware wallets as insecure and unreliable for signing transactions or storing significant funds. He highlighted Ledger as particularly problematic due to frequent updates that disrupt basic functio...
